Bad news for banks with lax security that also use SWIFT, the global financial transaction messaging network, as hackers are still pulling off high-tech heists.
On Tuesday, the Society for Worldwide Interbank Financial Telecommunication, more commonly called SWIFT, notified customers of “ongoing attacks.”
Hackers have again stolen money from banks, yet SWIFT did not say how many attacks were successful, did not identify specific banks and did not say how much was stolen. The banks, which “varied in size and geography and used different methods for accessing SWIFT,” shared one common denominator; each had weak local security.
The SWIFT notice, according to Reuters, read: